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Tuesday, June 18, 2024

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    Apple’s total sales decline for 2nd consecutive quarter

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    According to a financial results statement given Thursday by the US-based global technology corporation Apple, total sales fell for the second quarter in a row.

    Net revenues declined 2.6% to $94.8 billion in the three months ending April 1, which corresponds to the company’s first quarter of current year. This is a decrease from over $97.3 billion in the same period last year.

    Apple’s total net sales in the previous three months, from October to December, were $117.1 billion, a 5.5% decrease from $123.9 billion in the same time the previous year.

    Apple, on the other hand, saw increases in iPhone sales amid reductions in Mac, iPad, wearables, and home and accessory sales.

    Net sales of the company’s iPhone increased to $51.3 billion from roughly $50.6 billion in the same quarter last year.

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